Banks woefully short on capital

Bank dividends will be cut – even suspended.The chronic shortfall in capital around banking, in Australia and New Zealand, the RBNZ have finally called this out.How much capital is enough? Find out at the RBNZ website. read more

P&N go bananas in banking

The bigger credit unions are flying along. P&N Bank’s union with BCU – Perth meets Coffs - is a smart merger. But P&N have a lot of ground to cover to keep pace with the likes of Bank Australia and Teachers Mutual Bank. read more

Targett lifts BCU into top 10

Credit Union Australia may seem a more natural fit for BCU – more cost out and more member profit for a start – but instead Steve Targett has led the BCU board to a more strategic union, one that improves access to the more valuable east coast market for P&N, a leader in digital and robotics in banking. read more

Avoka leaps to Temenos

The mid-sized Australian banking technology company Avoka is to be acquired by Geneva-headquartered banking software company Temenos for US$245 million. read more